Blackstone Inc. (NYSE: BX) is considered one of the top American stocks to buy and hold over the next three years. The company’s strong market position and growth potential make it an attractive option for long-term investors.
On September 25, Reuters reported that private equity firm Blackstone is exploring strategic options for Ancestry.com, the well-known genealogy and DNA testing platform. Among the options being considered are pursuing an Initial Public Offering (IPO) or an outright sale.
This potential move highlights Blackstone’s active role in managing and optimizing its portfolio companies, aiming to maximize value for its stakeholders. Investors will be watching closely for updates on this development and its impact on Blackstone’s future growth trajectory.
https://ca.finance.yahoo.com/news/blackstone-explores-10b-ipo-sale-205507101.html
